Résultats

Hello, how are you doing. [Focus on him, sitting in his office.

As you are well aware, significant developments, engineering and supply chain work has already been undertaken to position Hinkley Point C' as the UK' s most advanced new nuclear project... with Dominique, we are now ready to take any questions that you may have... But again, we are, you know... Damien de St Germain (Crédit Agricole) Are you confident to keep net debt on EBITDA ratio below 2 5 times in 2013 as you were reviewing down 2013 EBITDA guidance.

Second question comes from Andrew Moulder (Credit Sights) is asking: are you expecting any cash payment or receipt in the Edison deal excluding the puts on any mandatory tender offer on the minorities... We' ll obviously, and we are consistently, permanently doing so with all the different suppliers of Edison and we expect to get results next year.

You are aware of the key terms of the proposed agreement with Veolia and according to these principles EDF Group would acquire the entire operations of Dalkia in France, with Veolia having the entire operations of Dalkia outside France... I would also remind you that we already have operations in this segment in Italy and Poland and some operations are starting in China.

How are factors leading to changes in wholesale prices on the European power markets included in your talks with the French government? Is this on your initiative or the government' s ?Thank you very much. i. e. the financial statements we are presenting to you... Let us not forget that in 2012 we completed the takeover of Edison, and you know how important it is in our gas strategy.

I wondered if there is a different scale of investment that would be possible, if you had some flexibility on how those assets could be invested? Xavier Girre :As you know, we have already accelerated the investments we are doing. The net investments in the Renewables were in the range of 500 million per year three years ago.

I will explain to you how we are going to do it. The page number 26 explains the evolution of net investment... But it would be very premature and not very humble from my part to give you precise ideas on how we are going to get there. I will now detail our 2015 financial performance and explain our 2016 guidance, and also explain how we are going to be cash flow positive in 2018 (after dividends and before Linky.

And why are you not doing the same thing for the British Distribution networks. He will explain in detail the trends of our first half year statements and I have the entire EDF senior management staff in front of me, all of whom, of course, are available to take any questions you may have... As a matter of fact, Vincent de RIVAZ from EDF Energy will be glad to answer and tell you how EDF' s situation in the UK has been evolving.

Are you comfortable with the 2015 EBITDA consensus and net income consensus please... Regarding 2015 EBITDA consensus expectations, let me firstly remind you how you should apply the 0 to 3 % range on EBITDA growth... We will update you on that, giving you detailed numbers on how the contribution of our French operations evolve during this first half results, end of July.

You are all well aware that since I started at 2 EDF 2016 Annual results Tuesday, 14th February 2016 EDF a little over two years ago, I have emphasised my concerns about the Group 's debt... First, looking at your EBITDA guidance, you are going from 16 4 billion EBITDA in 2016 going down in 2017, and even in 2018 you do not reach the same level.